Review: “My family had an excellent experience with this lawyer during the past year when we filed for Chapter 7. He cut past appearances, vagueness, and frills and just got the job done. He is extremely intelligent and his office...
Practice areas & skills: Trusts, Debt Collection, Wills & Living Wills, Bankruptcy & Debt, Estate Planning
Get the legal help you need at a fixed price. No hidden fees or long-term commitment.
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.